Argus Leader: Gorilla Revealed
The Argus Leader reveals tonight that the Gorilla Project is an oil refinery, as some people had suspected. Now, can we pull off getting it?
A Texas energy company is behind Project Gorilla, which is planning the nation’s first new oil refinery in the past three decades, the company confirmed today.Read it all here.
Hyperion Resources of Dallas, Texas, is considering Union County but also other sites in the U.S. as well, officials say.
Plans call for "the most environmentally sound energy center in the United States," the company said in a statement released to the Argus Leader.
"The central component of the energy center will be an oil refinery, which will refine approximately 400,000 barrels of oil per day into clean, green transportation fuels, including ultra-low sulfur gasoline and ultra-low sulfur diesel," according to the statement.
“Gas prices are the highest in U.S. history, and the U.S. refining infrastructure hasn’t seen a significant change since 1976," Hyperion Project Executive J.L. “Corky” Frank said in the statement.
If the firm succeeds in building a new refinery, it would be the first one built in the United States since 1976, the company said. Over the years, refining capacity in the U.S. "has not kept pace with demand," Frank said.